Description
BSE lists 14,00,000 new equity shares of Aayush Art and Bullion Limited issued on a preferential basis to promoters via conversion of warrants, effective February 23, 2026.
Summary
BSE has notified trading members that 14,00,000 new equity shares of Aayush Art and Bullion Limited (Scrip Code: 540718) have been listed and are permitted to trade on the Exchange with effect from Monday, February 23, 2026. These shares were issued to promoters on a preferential basis pursuant to conversion of warrants.
Key Points
- 14,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 102.60/- (issue price Rs. 112.60/-)
- Shares allotted to promoters on a preferential basis via conversion of warrants
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 13912176 to 15312175
- ISIN: INE777X01017
- Effective trading date: February 23, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly allotted securities.
Compliance Requirements
- Trading members are informed to note the listing of these new securities from February 23, 2026
- The 14,00,000 shares (Dist. Nos. 13912176 to 15312175) are subject to lock-in until September 30, 2027
Important Dates
- Date of Allotment: December 7, 2024
- Effective Trading Date: February 23, 2026
- Lock-in Expiry: September 30, 2027
Impact Assessment
Limited market impact. The newly listed shares are fully locked in until September 30, 2027, meaning they cannot be traded in the secondary market during this period. The listing is a procedural formality following a preferential allotment to promoters. No immediate liquidity or price impact is expected beyond a minor dilution in the existing share count.
Impact Justification
Routine listing of promoter-allotted shares via warrant conversion with a lock-in period; no broad market or regulatory impact.